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Economy of Burkina Faso vs Moldova compared: GDP & Debt

Updated on by Georank team

Burkina Faso has a GDP of $23.1B compared to $18.2B for Moldova, ranking 122/197 and 134/197 by economy size, respectively.

Burkina Faso has $13.2B in government debt (57.2% of GDP), compared to $7.06B (38.8% of GDP) in Moldova.

Burkina Faso vs Moldova GDP by year

Burkina Faso
Moldova
1x
Year GDP, current $
Burkina Faso Moldova
2024 $23,124,729,853 $18,200,340,854
2023 $20,112,614,449 $16,711,906,746
2022 $18,622,421,395 $14,525,337,524
2021 $19,697,516,284 $13,691,869,264
2020 $17,725,010,533 $11,530,746,234
2019 $16,032,813,503 $11,736,797,055
2018 $15,890,066,221 $11,252,353,421
2017 $14,106,955,615 $9,514,404,016
2016 $12,833,363,045 $7,980,917,076
2015 $11,832,159,316 $7,797,667,197
2014 $13,943,016,077 $9,402,090,138
2013 $13,444,300,486 $9,496,717,876
2012 $12,561,015,157 $8,709,138,635
2011 $12,080,295,978 $8,414,352,020
2010 $10,109,619,741 $6,974,982,370
2009 $9,450,696,873 $5,439,434,272
2008 $9,451,435,490 $6,054,824,248
2007 $7,625,722,837 $4,401,173,152
2006 $6,547,419,820 $3,408,255,451
2005 $6,146,353,173 $2,988,342,907
2004 $5,451,688,538 $2,598,249,556
2003 $4,740,768,143 $1,980,907,435
2002 $3,622,350,063 $1,661,818,168
2001 $3,190,371,081 $1,480,673,594
2000 $2,968,370,088 $1,288,429,392
1999 $3,389,566,713 $1,170,782,957
1998 $2,804,902,367 $1,698,717,505
1997 $2,447,669,102 $1,930,081,169
1996 $2,586,550,595 $1,695,122,174
1995 $2,379,517,975 $1,752,999,370
1994 $1,895,290,637 $1,702,314,268
1993 $3,199,536,465 $2,371,813,324
1992 $3,356,692,505 $2,319,243,436
1991 $3,135,045,584 $3,094,565,871
1990 $3,101,300,779 $3,592,857,043
1989 $2,615,587,734 -
1988 $2,616,040,479 -
1987 $2,369,834,950 -
1986 $2,036,303,358 -
1985 $1,552,493,196 -
1984 $1,459,880,132 -
1983 $1,600,278,605 -
1982 $1,754,450,096 -
1981 $1,775,842,334 -
1980 $1,928,719,888 -
1979 $1,748,480,621 -
1978 $1,475,583,645 -
1977 $1,131,224,878 -
1976 $976,547,188 -
1975 $939,972,703 -
1974 $751,133,430 -
1973 $674,773,570 -
1972 $578,595,522 -
1971 $482,411,179 -
1970 $458,404,269 -
1969 $478,298,645 -
1968 $460,442,689 -
1967 $450,753,924 -
1966 $433,889,766 -
1965 $422,916,790 -
1964 $410,321,645 -
1963 $394,040,667 -
1962 $379,567,099 -
1961 $350,247,234 -
1960 $330,442,816 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/burkina-faso/moldova | CC BY

GDP per capita in Burkina Faso vs Moldova by year

Burkina Faso
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burkina Faso Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $982 $2,896 $7,576 $18,615
2023 $873 $2,759 $6,800 $17,747
2022 $827 $2,645 $5,744 $16,453
2021 $896 $2,486 $5,275 $15,682
2020 $825 $2,381 $4,376 $13,527
2019 $765 $2,232 $4,405 $13,413
2018 $777 $2,073 $4,156 $11,868
2017 $709 $2,042 $3,453 $11,252
2016 $664 $1,882 $2,847 $10,326
2015 $630 $1,692 $2,750 $9,198
2014 $765 $1,661 $3,290 $8,643
2013 $760 $1,643 $3,321 $8,233
2012 $731 $1,572 $3,045 $7,255
2011 $725 $1,531 $2,941 $6,833
2010 $625 $1,449 $2,437 $6,323
2009 $602 $1,360 $1,898 $5,827
2008 $619 $1,351 $2,111 $6,153
2007 $515 $1,290 $1,531 $5,590
2006 $456 $1,244 $1,183 $5,271
2005 $441 $1,172 $1,034 $4,866
2004 $404 $1,079 $897 $4,378
2003 $362 $1,038 $682 $3,960
2002 $285.7 $974 $571 $3,633
2001 $259.5 $948 $507 $3,311
2000 $248.9 $896 $441 $3,045
1999 $292.8 $886 $399 $2,910
1998 $249.5 $838 $579 $2,965
1997 $223.9 $794 $657 $3,136
1996 $242.7 $753 $575 $3,021
1995 $229.1 $684 $594 $3,146
1994 $187.2 $650 $574 $3,111
1993 $324 $644 $797 $4,394
1992 $349 $623 $778 $4,337
1991 $334 $623 $1,038 $5,980
1990 $339 $567 $1,207 $6,895
1989 $293.2 - - -
1988 $301 - - -
1987 $280.2 - - -
1986 $247.5 - - -
1985 $194.1 - - -
1984 $187.8 - - -
1983 $211.9 - - -
1982 $239 - - -
1981 $248.7 - - -
1980 $277.6 - - -
1979 $258.5 - - -
1978 $223.9 - - -
1977 $176 - - -
1976 $155.5 - - -
1975 $152.9 - - -
1974 $124.7 - - -
1973 $114.1 - - -
1972 $99.6 - - -
1971 $84.5 - - -
1970 $81.7 - - -
1969 $86.8 - - -
1968 $85 - - -
1967 $84.6 - - -
1966 $82.8 - - -
1965 $82.1 - - -
1964 $80.9 - - -
1963 $78.9 - - -
1962 $77.2 - - -
1961 $72.2 - - -
1960 $69.2 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/burkina-faso/moldova | CC BY

Burkina Faso's GDP per capita is $982, ranking 180/197, compared to $7,576 in Moldova, ranking 99/197. Adjusted for purchasing power (GDP per capita PPP), Burkina Faso ranks 181st at $2,896, while Moldova ranks 100th at $18,615.

Economic indicators

Burkina Faso Moldova
Gross domestic product
$23.1B
2024
$18.2B
2024
GDP rank
122/197
2024
134/197
2024
GDP growth
4.8%
2023-2024
0.1%
2023-2024
GDP per capita
$982
2024
$7,576
2024
GDP per capita rank
180/197
2024
99/197
2024
GDP per capita, PPP
$2,896
2024
$18,615
2024
GDP per capita PPP rank
181/197
2024
100/197
2024
Government debt
$13.2B
2024
$7.06B
2024
Debt-to-GDP ratio
57.2%
2024
38.8%
2024
Government debt per person
$562
2024
$2,938
2024
Government debt per person rank
162/185
2024
102/185
2024
Average annual personal income after taxes
$2,710
2026
$4,291
2026
Income share by richest 10%
30.2%
2021
22.8%
2023
Income share by poorest 10%
3%
2021
4.3%
2023
Government expenditure, % of GDP
27.8%
2024
38%
2024
Consumer prices inflation
4.19%
2023-2024
4.68%
2023-2024
Central bank interest rate n/a
6%
2025
Unemployment rate
3.44%
2024
1.43%
2024
Population
24756783
2341166

Spending and national debt comparison by year

Burkina Faso
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Burkina Faso Moldova
Government spending Government debt Government spending Government debt
2024 27.8% 57.2% 38% 38.8%
2023 29.4% 56.8% 38.8% 34.9%
2022 32.9% 59.2% 36.6% 35%
2021 27.8% 55.5% 34.6% 33.6%
2020 24.4% 43.6% 36.7% 36.6%
2019 23.3% 41.7% 32% 28.8%
2018 24.2% 38.1% 31.5% 31.8%
2017 26.3% 33.9% 31% 34.9%
2016 21.6% 32.9% 30.5% 39.7%
2015 20.4% 31.3% 31.7% 42.1%
2014 20.9% 26.1% 33.8% 35.4%
2013 25.3% 25.9% 32.4% 30%
2012 22.7% 25.2% 33.7% 31.3%
2011 20.4% 24.5% 32.6% 24.2%
2010 21.7% 23.7% 34.1% 25.5%
2009 21.5% 25.9% 45.3% 32.6%
2008 18.6% 24.9% 41.5% 22.2%
2007 22.8% 22.4% 42.7% 28.3%
2006 21.9% 20.1% 40.3% 35%
2005 20.2% 39.2% 37.1% 40.4%
2004 20.3% 40.7% 34.8% 49.3%
2003 17.6% 39.7% 33.5% 68.1%
2002 19.5% 43.3% 30.7% 80.3%
2001 19.7% 46.6% 29.5% 85.4%
2000 19.8% 47.5% 34% 89.1%
1999 21.4% 46.4% 33% 150.7%
1998 19.7% 47.7% 39.1% 159.4%
1997 20% 48.4% 46% 89%
1996 19.8% 45.8% 43.3% 87.5%
1995 19.4% 48.9% 42% 79.5%
1994 17.8% 55.1% - -
1993 17.9% 33.6% - -
1992 16.7% 29.6% - -
1991 17% 28.7% - -
1990 18.4% 25.6% - -
1989 14.2% 25.5% - -
1988 16.2% 28.8% - -
1987 19.2% 30.7% - -
1986 16.3% 27.6% - -
1985 11.5% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20).

GeoRank.org/economy/burkina-faso/moldova | CC BY

In 2024, Burkina Faso's government spending was $6.43B, accounting for 27.8% of its GDP, while Moldova spent $6.91B, or 38% of GDP.

Debt-to-GDP ratio is 57.2% in Burkina Faso and 38.8% in Moldova, ranking 89/185 and 137/185, respectively.

Government deficit by year

Deficit/surplus
Burkina Faso

Moldova
1x
Year Deficit/surplus, % of GDP
Burkina Faso Moldova
2024 -5.84% -3.88%
2023 -6.91% -5.13%
2022 -10.9% -3.24%
2021 -7.45% -2.62%
2020 -5.16% -5.32%
2019 -3.39% -1.47%
2018 -4.43% -0.85%
2017 -6.92% -0.65%
2016 -3.08% -1.56%
2015 -2.09% -1.93%
2014 -1.74% -1.6%
2013 -3.55% -1.57%
2012 -2.76% -1.93%
2011 -2.04% -2.05%
2010 -4.06% -2.18%
2009 -4.16% -6.38%
2008 -3.63% -0.87%
2007 -5.01% 0.15%
2006 14.3% -0.42%
2005 -4.89% 1.44%
2004 -4.19% 0.59%
2003 -1.79% 0.47%
2002 -4.43% -1.18%
2001 -3.56% -0.34%
2000 -3.03% -3.55%
1999 -3.29% -2.64%
1998 -2.6% -1.52%
1997 -2.64% -7.47%
1996 -1.67% -7.42%
1995 -2.65% -2.58%
1994 -1.89% -
1993 -3.81% -
1992 -2.51% -
1991 -2.77% -
1990 -7.54% -
1989 1.96% -
1988 -4.32% -
1987 -5.27% -
1986 -5.1% -
1985 -1.21% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/burkina-faso/moldova | CC BY

In 2024, Burkina Faso's government deficit, the difference between spending and revenue, was $1.35B, equivalent to 5.84% of GDP. This compares to Moldova's deficit of $707M, or 3.88% of GDP.

Over the past 30 years, Burkina Faso recorded a fiscal deficit in 29 of those years, while Moldova ran a deficit in 26 years. On average, Burkina Faso posted an annual deficit equal to 3.45% of GDP, compared to deficit of 2.26% of GDP for Moldova.

Inflation comparison by year

Inflation
Burkina Faso

Moldova
1x
Year Consumer prices inflation
Burkina Faso Moldova
2024 4.19% 4.68%
2023 0.74% 13.4%
2022 14.3% 28.7%
2021 3.65% 5.11%
2020 1.88% 3.77%
2019 -3.23% 4.84%
2018 1.96% 3.05%
2017 1.48% 6.57%
2016 0.44% 6.36%
2015 0.72% 9.68%
2014 -0.26% 5.09%
2013 0.53% 4.6%
2012 3.82% 4.55%
2011 2.76% 7.69%
2010 -0.76% 7.48%
2009 2.61% -0.06%
2008 10.7% 12.8%
2007 -0.23% 12.4%
2006 2.33% 12.8%
2005 6.42% 12%
2004 -0.4% 12.5%
2003 2.03% 11.7%
2002 2.18% 5.3%
2001 5.01% 9.76%
2000 -0.3% 31.3%
1999 -1.07% 39.3%
1998 5.08% 7.7%
1997 2.32% 11.8%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/burkina-faso/moldova | CC BY

Over the past 28 years, Burkina Faso has recorded an average annual inflation rate of 2.46%, compared with 10.5% in Moldova. In 2024, inflation was 4.19% in Burkina Faso and 4.68% in Moldova.

Top exports between countries

Burkina Faso
Export category Export value
Animal & marine products $13K
Raw materials & minerals $4K
Moldova
Export category Export value
Processed food, beverages & tobacco $430K
Machinery & equipment $232K
Textiles & consumer goods $1K

Balance of trade

Burkina Faso Moldova
Current account balance
-$1.02B
2023
-$3.01B
2024
Current account balance ranking
122/190
2023
156/190
2024
Current account balance, % of GDP
-5.06%
2023
-16.6%
2024
Goods imports
$5.38B
2023
$8.63B
2024
Goods exports
$5.29B
2023
$3.01B
2024
Service imports
$1.45B
2023
$1.8B
2024
Service exports
$621M
2023
$2.73B
2024
Imports of goods and services, % of GDP
31.9%
2024
57.3%
2024
Exports of goods and services, % of GDP
28.6%
2024
31.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Burkina Faso Moldova
Economic freedom 49.1 58.1
Economic freedom ranking 167/197 112/197
Property rights 17.6 40.4
Government integrity 40.2 45.1
Judicial effectiveness 26.1 32.4
Tax burden 80.8 87.9
Government spending 72.9 57.2
Fiscal health 13.4 70.3
Business freedom 37.8 68.3
Labor freedom 62.1 48.1
Monetary freedom 71.9 66
Trade freedom 61 76.8
Investment freedom 65 55
Financial freedom 40 50

Economic freedom comparison by year

Burkina Faso
Moldova
1x
Year Economic freedom index
Burkina Faso Moldova
2026 49.1 58.1
2025 51 58.3
2024 51.9 57.1
2023 56.2 58.5
2022 58.3 61.3
2021 56.5 62.5
2020 56.7 62
2019 59.4 59.1
2018 60 58.4
2017 59.6 58
2016 59.1 57.4
2015 58.6 57.5
2014 58.9 57.3
2013 59.9 55.5
2012 60.6 54.4
2011 60.6 55.7
2010 59.4 53.7
2009 59.5 54.9
2008 55.7 57.9
2007 55.1 58.7
2006 55.8 58
2005 56.6 57.4
2004 58 57.1
2003 58.9 60
2002 58.8 57.4
2001 56.7 54.9
2000 55.7 59.6
1999 55 56.1
1998 54.5 53.5
1997 54 48.9
1996 49.4 52.5
1995 - 33

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/burkina-faso/moldova | CC BY

The Economic Freedom Index for Burkina Faso is 49.1, ranking 167/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burkina Faso Moldova
Services, % of GDP
43.9%
2024
62.3%
2024
Industry, % of GDP
26.5%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
20.9%
2024
7.11%
2024
GNI, Atlas method
$20.1B
2024
$16.5B
2024
GNI per capita, PPP
$2,720
2024
$18,710
2024
Total reserves including gold n/a
$5.48B
2024
Total reserves ranking n/a
96/177
2024
Net foreign direct investment
-$64.3M
2023
-$360M
2024
Net inflows of foreign direct investment
$82.9M
2024
$458M
2024
Net outflows of foreign direct investment
$2.73M
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI
4.07%
2024
6.22%
2024
Poverty at national poverty lines
43.2%
2021
31.6%
2023
Gross capital formation, % of GDP
21.9%
2024
21.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/burkina-faso/moldova | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.